Satyam Computer Services presently trades at Rs.25.60, which is up by 1.15 points from its past closing of Rs.24.45 on the BSE.
The stock started at Rs.24.90 and has reached a high of Rs.26.70 and a low of Rs.24.55. The BSE stock reached a 52 week high of Rs.544 on May 30, 2008 and a 52 week low of Rs.11.50 on January 9, 2009.
The Andhra Pradesh CID has started interrogation of the Raju brothers – Ramalinga Raju and Rama Raju and previous CFO of Satyam Computer Services V Srinivas. The extra Chief Metropolitan Magistrate on Saturday gave permission to the CID, examining the Satyam fraud, to take the company executives into charge for four days for added query.
The CID team is being helped by auditors and chartered accountants in its investigations to find information from the documents of hard disks, laptops, papers and also CDs gained during raids from their residences.
In the meantime, lawyers employed by the Raju brothers are expected to apply for bail on Monday.